Labixiaoxin Snacks Group Limited operates in the Candy & other confectionery products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Labixiaoxin Snacks Group Limited with three other
bakery and confectionary companies in Asia:
Cocoaland Holdings Bhd
of MALAYSIA
(2019
sales of 254.07 million Malaysian Ringgits [US$62.81 million]
of which 72%
was Trading),
Hai Ha Confectionery JSC
of VIETNAM
(1.05 trillion Vietnamese Dong [US$45.51 million]
), and
Huunghi Food Jsc
which is
also
based in VIETNAM
(1.74 trillion Vietnamese Dong [US$75.49 million]
).
Sales Analysis.
Labixiaoxin Snacks Group Limited reported sales of 466.57 million Chinese Renmimbi (US$72.14 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 7.2%
versus 2018, when the company's sales were 502.80 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 69.9% decline
in Beverage Products, from 25.94 million Chinese Renmimbi to 7.80 million Chinese Renmimbi.
There were also decreases in sales in
Jelly Products (down 2.4% to 349.24 million Chinese Renmimbi)
and
Confectionary Products (down 8.5% to 105.67 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Other Products (up 6.3% to 3.86 million Chinese Renmimbi)
.